This off-plan project comes with an extendable leasehold contract of 25 years and has the potential to yield $200 per night when renting it out! Do not miss it!
This off-plan project comes with an extendable leasehold contract of 25 years and has the potential to yield $200 per night when renting it out! Do not miss it!
This villa is located in Bumbak, Canggu and will be move-in ready on January 2023.
The layout of this off-plan villa project features a functional interior and generous living spaces, relaxed living areas and a proportionally sized living room making perfect to run your rental business here in Bali.
Some features of this villa
130 sqm of liveable space.
Extendable 25 years leasehold contract.
The price is far below market value for the Bumbak area.
The property can be furnished to your taste.
Three bedrooms, Four bathrooms, private parking.
8,5 mt long swimming pool with plenty of space to room around.
Ten minutes drive to to the nearest beach.
Located in a quiet area at the outskirts of Seminyak
Why choose Kitn Estates for your Bali villa purchase?
Expertise and experience: Established in 2020, Kitn Estates specializes in helping foreign investors enter the Balinese real estate market. Our SIU-P4 broker certification ensures strict adherence to Indonesian laws and exceptional service.
Comprehensive support: With over 20 esteemed partners, including rental management, architects, lawyers, and tax experts, we offer holistic support throughout your real estate journey.
Global reach: Kitn Estates team is able to safely support and finalise any property purchase on your behalf while you are not in Bali.
My decision making process could have not being easier and the villa acquisition contracts a breeze.Kitn Estates also assisted me to open my company in Bali.I am now earning around $ 2,800 with my b&b in Pererenan.
Katerina V.
Best team ever!In less than 2 months working with Kitn Estates i have been able to buy land and get started on my new home project. Thank you!
Mark
My husband and I finally moved to Bali. We now own a splendid riverfront villa in Ubud. Feels like a dream. Being represented by Kitn Estates has been great, they negotiated a $ 9,500 discount from the sale price.
Olivia
Frequently asked questions
What is included within the price of this villa?
The price displayed is inclusive of: - Right to use of the land (lease) - Building and everything in it as per list of items - Taxes - Agency commission
Are there additional costs when purchasing this villa?
In 90% of listings the only additional cost you might incur in is the notarial fee which vary depending on the Notary offered or the one of your chosing. The fee is usually around 1% of the sale price of the villa. Example: Sale price USD 100,000 + Notary fee (1%) = USD 101,000
I like this property, what are the next step?
After getting in touch with us we can organise a viewing (in person or via Zoom) of the property, review the documentation, discuss payment terms, negotiate the price whereas possible and ultimately when you are ready start the acquisition process, which involves signing an MOU (memorandum of understanding) and doing a deposit to start the acquisition process.
What do i get when purchasing leasehold properties in Bali?
Once you sign the lease of your new villa in Bali you obtain the right to use the property for a specified duration, commonly between 20 to 30 years, with the possibility of extensions. Read more about leasehold properties in Indonesia
How hard is it to buy property in Bali?
Not as hard as you might think, you can buy properties from anywhere on planet earth as long as you have an internet connection, your ID and the money to pay for a property. We take care of the whole process start to finish. Read more about it here.
Can i buy leasehold properties in Bali from abroad?
Yes, you can buy leasehold villas or land in Bali both as private individual without the need for a visa and as a company, via a PT PMA (Indonesian LLC equivalent).
What happens when my leasehold runs out in Bali?
When the lease for a Bali villa or land runs out you will lose the right to use of the land and by consequence the building on on top of it, reverting all the rights on the land to the landlord.
Can i resell my leasehold villa in Bali?
Yes, you can absolutely resell your lease to someone else! You can sell it immediately after you buy it, after a few years or at any point in time down the road. You will "sell" your right to use the land to someone else in exchange for for money.
Can i own land in Bali?
Foreign individuals and companies alike can't get full ownership of land as per Indonesian law. They can both access leasehold contracts and only companies (PT PMA) can buy freehold properties (SHM) up to 90 years.
Is it safe to buy leasehold villas in Bali?
By working along with professionals and licensed real estate agencies yes, smooth sailing. If you want to deal everything by yourself, yes, very much possible at a higher risk of losing money.
Will Kitn Estate assist me after a villa purchase?
Yes, our commitment is to making sure you succeed in your goals. Purchasing a property with us comes with all of our combined years of experience in the Bali real estate market. And for that reason, our team will be able to guide you towards profitability. We can help you: - Setup your company (PT PMA) - Obtaining visas - Provide legal assistance - Assist in permits and licenses - Provide villa management and more
